Commodity Exchange

Sample lot, shown to demonstrate the exchange. It is not a live offer and its figures are illustrative.

FeLot GCX-DEMO-FE-001

Iron Ore, 62% Fe

Lump ore · Kogi State · CFR Main China ports

OpenAssay verifiedVerified seller
USD 96.00Ask per MT
5,000 MTLot size
CFRDelivery rule
USD 480,000.00Full lot at ask

Lot sheet

Commodity
Iron Ore (Fe)
Class
Base metals and ores
Form
Lump ore
Grade
62% Fe
Lot size
5,000 MT
Minimum order
1,000 MT
Ask price
USD 96.00 per MT
Price basis
62% Fe fines index less 6.0%
Reference market
62% Fe fines index
Delivery rule
CFR · Cost and Freight (Incoterms 2020)
Delivery point
Main China ports
Origin
Kogi State, Nigeria
Inspection
Independent draft survey and assay
Payment terms
Irrevocable letter of credit at sight
HS heading
2601
Offer valid until
15 Nov 2026

The ask is the seller's price per unit on the stated delivery rule. Final price, quantity and terms are fixed in the contract after inspection. Buyer and seller each deal with the desk and are not shown to each other.

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